U.S. Sanctions Funnull for $200M Romance Baiting Scams Tied to Crypto Fraud
May 30, 2025Ravie LakshmananCryptocurrency / Cybercrime The U.S. Department of Treasury's Office of Foreign Assets Control (OFAC) has levied sanctions...
Scams
US sanctions Philippines tech firm accused of aiding crypto scams
The US Treasury has sanctioned a Philippines-based technology firm and its alleged administrator, accusing it of providing services to thousands...
Dealing with digital scams | Dialogue
he recent collapse of Treasure NFT, a digital investment scam that defrauded over 80,000 Pakistanis depriving them of up to...
Get rich quick crypto ‘gurus’ are targeting teens
Cryptocurrency titans make it seem easy for anyone to get rich off digital coins, and anyone who isn’t making millions...
An $8.4 Billion Chinese Hub for Crypto Crime Is Incorporated in Colorado
Those money-laundering and scam-enabling services, however, are far from the only shady offerings found on Xinbi Guarantee's market. Elliptic also...
Mobius Exploited for $2.1M While Scammers Breach Ledger’s Social Media
The Mobius DeFi and real-world asset tokenization platform suffered a smart contract exploit on the BNB Chain on May 11,...
98% of Tokens on Pump.fun Are Rug Pulls or Fraud: Report
A new report from Solidus Labs has exposed a huge amount of what it calls “fraudulent” activity on the Solana...
Crypto Phishing Scams Stole $5.2 million in April
Phishing scams in the crypto sector are becoming more advanced, with attackers stealing more than $5.2 million from unsuspecting users...
UK gov’t proposes crypto rules in response to scams
The United Kingdom’s Treasury and Chancellor of the Exchequer, Rachel Reeves, have proposed new crypto rules aimed at “support innovation...
Older Americans Hit Hard by Crypto Scams, FBI’s IC3 Reports $2.8 Billion Losses
In its 2024 annual report, the FBI’s Internet Crime Complaint Center (IC3) revealed a sharp rise in the number and...